Tremendous investment opportunity located in the coveted Happy Valley/Fairhaven area. This well-maintained duplex feels like townhome style living with spacious interiors and oversized bedrooms on a huge treed private quarter acre lot. Ideal for living in one and renting the other. Amenities include private decks, storage sheds, ample parking and shared laundry room. Both units are vacant and previously rented long-term at under market rates. Each unit could demand roughly $2200 rent. Large lot has space for expansion, possible ADUs or more units. Great location with easy access to I-5, Interurban trails, Fairhaven, restaurants, shopping and Western Washington University make this the perfect property to build your investment portfolio.
Sold
Listed by: BHHS Bayside Realty
Bought with: Coldwell Banker Bain
$777,000
1500 23rd Street, Bellingham, WA 98225
--beds
--baths
2,400sqft
Multi Family
Built in 1976
-- sqft lot
$843,300 Zestimate®
$324/sqft
$1,980 Estimated rent
Home value
$843,300
$793,000 - $902,000
$1,980/mo
Zestimate® history
Owner options
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$4,574/mo
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List your homeWhat's special
Ample parkingShared laundry roomSpacious interiorsHappy valleyOversized bedroomsStorage shedsPrivate decks
Zillow last checked:
Listing updated:
Offers reviewed: Apr 09
Listed by:
Chris Farkas,
BHHS Bayside Realty,
Michael D. Farkas,
BHHS Bayside Realty
Bought with:
Rebecca Brunk, 122097
Coldwell Banker Bain
Source: NWMLS as distributed by MLS GRID,MLS#: 2218639
Facts & features
Interior
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
Property
Parking
- Total spaces: 4
- Parking features: Open
- Uncovered spaces: 4
Features
- Patio & porch: Wall to Wall Carpet
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.25 Acres
- Dimensions: 100 x 100
- Features: Paved, Sidewalk, Cable TV, Deck, High Speed Internet, Outbuildings
Details
- Parcel number: 3702015290210000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1976
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Bellingham
- Water: Public, Company: City of Bellingham
Community & neighborhood
Location
- Region: Bellingham
- Subdivision: Happy Valley
Other
Other facts
- Listing terms: Conventional,FHA,VA Loan
- Cumulative days on market: 713 days
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2024 | Sold | $777,000+0.3%$324/sqft |
Source:  NWMLS as distributed by MLS GRID #2218639 Report a problem | ||
| 4/9/2024 | Pending sale | $775,000$323/sqft |
Source: NWMLS as distributed by MLS GRID #2218639 Report a problem | ||
| 4/4/2024 | Listed for sale | $775,000+289.4%$323/sqft |
Source: NWMLS as distributed by MLS GRID #2218639 Report a problem | ||
| 10/7/2003 | Sold | $199,000+41.6%$83/sqft |
Source: Public Record Report a problem | ||
| 7/7/2000 | Sold | $140,500$59/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,107 +1.6% | $746,071 -3.5% |
| 2023 | $6,013 +7.8% | $772,745 +17.5% |
| 2022 | $5,577 +12.6% | $657,659 +24% |
| 2021 | $4,951 +5.3% | $530,384 +14% |
| 2020 | $4,704 | $465,246 +5.4% |
| 2019 | $4,704 +1.8% | $441,619 +15.7% |
| 2018 | $4,622 +16% | $381,756 +12.7% |
| 2017 | $3,984 -3.3% | $338,861 +8.6% |
| 2016 | $4,120 +24.5% | $312,009 +5.4% |
| 2015 | $3,308 | $295,898 +5% |
| 2014 | $3,308 +1.6% | $281,801 +4.9% |
| 2013 | $3,256 | $268,523 -10.5% |
| 2012 | -- | $300,140 -0.2% |
| 2011 | -- | $300,875 -2.1% |
| 2010 | -- | $307,309 -5% |
| 2009 | $2,915 +52.7% | $323,340 |
| 2008 | $1,909 | $323,340 +66.7% |
| 2007 | $1,909 -13.6% | $193,930 |
| 2005 | $2,210 | $193,930 |
| 2004 | $2,210 +25.7% | $193,930 +33.5% |
| 2003 | $1,758 +2.8% | $145,235 |
| 2002 | $1,710 -0.4% | $145,235 |
| 2001 | $1,716 | $145,235 |
| 2000 | -- | $145,235 -9% |
| 1999 | -- | $159,525 |
Find assessor info on the county website
Neighborhood: Happy Valley
Nearby schools
GreatSchools rating
- 6/10Happy Valley Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 8/10Fairhaven Middle SchoolGrades: 6-8Distance: 0.8 mi
- 9/10Sehome High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Happy Vly Elem
- Middle: Fairhaven Mid
- High: Sehome High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Washington
- Whatcom County
- Bellingham
- 98225
- Happy Valley
- 1500 23rd Street
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